Nvidia again proves or now not it’s an ‘maintain it, don’t alternate it’ stock after delivering one other blowout quarter

Nvidia again proves or now not it’s an ‘maintain it, don’t alternate it’ stock after delivering one other blowout quarter

Nvidia president and CEO Jensen Huang speaks at the COMPUTEX forum in Taiwan. “Everyone appears to be like to be a programmer. Now, you upright enjoy to dispute something to the pc.” (Describe by Walid Berrazeg/SOPA Images/LightRocket by Getty Images)

Sopa Images | Lightrocket | Getty Images

Nvidia (NVDA) shined as soon as extra with the commence Wednesday of its second-quarter fiscal year 2024 outcomes. A resembling its blowout first quarter, the synthetic-intelligence chipmaker handily exceeded Wall Facet road’s expectations and equipped a forecast that became as soon as smartly above already-lofty expectations — driving shares to 1 other recent all-time high in afterhours trading.

Shruthi M is a dedicated Business News Reporter at Global Business Line, specializing in breaking stories, insightful analyses, and comprehensive coverage of the global business landscape. With a keen eye for detail and a passion for delivering accurate and timely news, Shruthi keeps readers informed on the latest market trends, corporate strategies, and economic developments shaping industries worldwide.

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